Austria's Parliament Wednesday voted to veto the treaty between Mercosur and the European Union, a decision which will stop the enactment of the agreement reached after over 20 years f negotiations.
Canada will continue its trade negotiations with Mercosur, the South American trading bloc that includes Brazil, despite demands to call a halt to the talks until more action is taken to protect the Amazon rainforest.
The European Union Council president Donald Tusk said it was hard to imagine the bloc ratifying its trade pact with Mercosur as long as Brazil fails to curb the fires ravaging the Amazon rainforest. The EU stands by the EU-Mercosur agreement, Tusk told reporters at a G7 meeting in Biarritz in southern France.
As wildfires rage through the Brazilian Amazon, Irish Prime Minister Leo Varadkar has said Dublin will vote against a trade deal between the European Union and Mercosur unless Brazil takes action to protect the rainforest.
South American trade block Mercosur reached a free trade agreement with four European countries, Argentine officials and Brazil's President Jair Bolsonaro said after talks in Buenos Aires.
Argentine primary winner, Alberto Fernandez is like the Russian mamushka doll, “you open it and out pops Cristina Fernandez, again you open it and out pops Lula, and again, Hugo Chavez”, said Brazilian foreign minister Ernesto Araújo.
Argentine markets bucked the dismal three-day losing streak on Thursday, amid signs of political compromise and a new central bank measure to prop up the embattled currency.
Brazil will pull out of the Mercosur trade bloc if the opposition party wins Argentina’s presidential elections later this year and closes the economy with protectionist policies, Brazil’s Economy Minister Paulo Guedes said on Thursday.
Brazil's agriculture minister on Tuesday defended a record number of pesticide and weedkiller approvals this year, saying the government was not “putting poison on anyone's plate.”
Brazil's authorities maintained Friday President Jair Bolsonaro's haircut was not the reason for leaving France's Foreign Minister Jean-Yves Le Drian in the lurch and argued it was all a matter of agenda.